Apartment Building Investment Opportunity in Matsumoto, Nagano
This apartment building, located in Matsumoto, Nagano Prefecture, presents a compelling investment opportunity with its established rental income and well-maintained facilities. Constructed in August 1995 by the reputable builder Sekisui House, the property comprises two separate buildings with a total of eight units. Building A contains four 2DK units, each with a floor area of 39.04 square meters, while Building B contains four 1K units, each measuring 28.45 square meters. The total building area is 269.96 square meters, situated on a generous 575.43 square meter plot of land.
The property is equipped with a comprehensive list of facilities for tenant comfort and convenience. These include propane gas, air conditioning, dedicated toilets, separate bath and toilet areas, showers, a bath water re-heating function, an indoor washing machine space, BS satellite terminals, storage space, and fire alarms. The building is currently fully tenanted, ensuring immediate rental income for the new owner. A significant feature is the availability of 11 on-site parking spaces, which are provided to tenants free of charge.
Special notes on the property detail its favorable access and layout. The land fronts a 5-meter wide public road to the south, providing one-sided road access. The plot is flat and situated within a City Planning Area zoned as Category I Residential. The building coverage ratio is 60% with a floor area ratio of 200%. Ownership is freehold (full ownership rights). All associated monthly fees, such as garbage disposal, are currently 12,800 yen.